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Mammoth Energy Services Inc C.TUSK


Primary Symbol: TUSK

Mammoth Energy Services, Inc. is an integrated energy services company focused on providing products and services to enable the exploration and development of North American onshore unconventional oil and natural gas reserve. It is also engaged in the construction and repair of the electric grid for private utilities, public investor-owned utilities and co-operative utilities through its infrastructure services businesses. It operates through four segments. The Natural Sand Proppant services segment mines, processes and sells sand for use in hydraulic fracturing. The Well Completion services segment provides hydraulic fracturing, sand hauling and water transfer services. The Infrastructure services segment provides electric utility infrastructure services in the northeastern, southwestern, midwestern and western portions of the United States. The Drilling services segment provides rental equipment, such as mud motors and operational tools, for both vertical and horizontal drilling.


NDAQ:TUSK - Post by User

Comment by theticketon Apr 05, 2021 11:54am
63 Views
Post# 32937302

RE:Today

RE:TodaySo its April and they still have not verified the historical results??? No note on who the new directors are. Wonder the amount of shares they will be dished.
glasrado wrote:

 

Black Tusk begins drilling at Lorrain, adds directors

2021-04-05 11:22 ET - News Release

Mr. Richard Penn reports

BLACK TUSK BEGINS DIAMOND DRILLING ON LORRAIN PGE PROPERTY, ABITIBI, QUEBEC

Black Tusk Resources Inc. has begun diamond drilling on its Lorrain property located near Lorrainville in Western Quebec. The Lorrain claims cover an ultramafic rock unit documented to host platinum group element (PGE) mineralization, as well as copper, nickel, silver and cobalt. In particular, historic drill hole LA-01-06 intercepted a 13.2-metre interval averaging 0.89 gram per tonne combined platinum and palladium, three g/t silver, 0.59 per cent copper and 0.6 per cent nickel (see Black Tusk news release dated March 8, 2021).

Drill hole LA-01-06 was drilled into an elongate north-south-trending peridotite-gabbro body. The mineralized intercept contains pyrite, pyrrhotite and chalcopyrite ranging from 3 per cent to 25 per cent of the core, as logged in 2001. The reader is warned that historic drill results are yet to be verified by Black Tusk.

The initial drilling by Black Tusk that is now under way is designed to verify results reported from the 2001 drill hole LA-01-06 and to sample mineralization for the full suite of PGE elements (platinum, palladium, iridium, osmium, rhodium and ruthenium) as well as the other metals of interest (copper, nickel, cobalt and silver).

The magnetic high feature associated with the host rock offers several kilometres of potential targets for stepout drilling to further test and expand upon the mineralized zone.

Furthermore to the Lorrainville drill program, Black Tusk recently completed eight holes, totalling 2,584 metres of drilling, at its 100-per-cent-owned McKenzie East gold project, located in Val d'Or, Que. Black Tusk drill core samples have been sent to ALS laboratory in Val d'Or and the company expects to receive all assays back in the coming weeks.

In addition to the continuing Black Tusk drill programs in the Quebec Abitibi greenstone belt, the company welcomes Siarhei Kadach and Vladimir Morgunov to the board of directors. "Mr. Kadach and Mr. Morgunov bring a wealth of international business and mining experience to Black Tusk and we look forward to having them on the team," stated Richard Penn, Black Tusk chief executive officer.



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